IRS Transcript Shows TOP Offset - Will I Get $5,412 or Has TurboTax Already Deducted $210.13 in Fees?

I got my transcript updated today and it shows TOP offset. My refund was supposed to be $5,412 but now it shows a different amount. I e-filed on 01/15 and my return was accepted on 01/18. On my TurboTax account, it shows: FEDERAL Return accepted 01/18 see fees deducted TurboTax fees -$139.36 5 days early guaranteed -$27.22 Pay with your refund -$43.55 Net refund I signed up to receive my federal refund 5 days early. My STATE NY return is still Pending (filed 01/15). Does this mean they already took out their fees? I'm so confused about what TOP even means and if I should expect the full amount or not. I thought I was getting $5,412 based on what I filed, but now with this TOP offset showing on my transcript, I'm wondering if the TurboTax fees were already deducted or if the Treasury Offset Program is taking something else. Should I be looking at the "Net refund" amount as my final number? I'm trying to figure out where my refund is and how much I'll actually get.

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23 comments

Diego Vargas

•11M

Hey, tax professional here with experience in TOP offsets. Looking at your transcript, this means the Treasury Offset Program has flagged your refund for potential debt collection. Common reasons include unpaid student loans, child support, or state taxes. The TOP indicator means your refund will likely be reduced by the amount you owe. I'd highly recommend checking out taxr.ai (https://taxr.ai) - it's a new tool that can analyze your transcript and tell you exactly what's happening with these offsets, how much might be taken, and when you'll get the remaining refund. It's been super helpful for clients in similar situations.

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